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Blog Details for "Dalton's Arizona Homes Blog"
Dalton's Arizona Homes BlogDalton's Arizona Homes BlogPhoenix Arizona Real Estate Blog with market commentary, statistics and other thoughts Articles
Thinking Resale When You Buy
2008-03-22 16:32:00 With a loan approval at $115,000 and a base price fairly close to that mark, we had some tough choices to make. This was spring 1998 when my then-wife and I were buying our first house. We would have preferred tile in the kitchen and guest bathroom, but were up against the limit and couldn’t do ... More About: Thinking
Perspective For Canadian Buyers
2008-03-20 18:44:00 As the currency rate fluctuates, keep in mind that a rate of $1.02 Canadian to an American dollar still is not nearly as expensive as $1.20 Canadian. And that’s where things stood not all that long ago. In other words, while the rate’s not as favorable as it was back in November, it’s far better than ... More About: Buyers , Perspective
Dispelling Homebuyer Myths on FHA Loans in Phoenix
2008-03-20 15:42:00 Today’s the start of the NCAA basketball tournament and I can’t wait to see Arizona State … wait, that’s the NIT tonight because the tournament committee is a bunch of ninnies. With a trip to Tempe, two escrows to open and a buyer to meet as well as Purim tonight, this seemed like a great ... More About: Phoenix , Loans , Myths
U.S. Dollar Moves Slightly Ahead - What it Means to Canadian Buyers
2008-03-19 16:40:00 At the moment I’m writing this, the new-and-improved currency widget in the sidebar is showing the U.S. dollar as slightly ahead of the Canadian dollar for the first time in quite a while. (Your results and mileage may vary depending on when you read this post.) Two days ago, the American dollar was at about 98 ... More About: Dollar , Buyers , Moves , Ahead
Blogging About My Phoenix Real Estate Listings? Absolutely!
2008-03-19 02:28:00 Of all the little side debates that take place among authors of real estate blogs, one of my favorites is whether a real estate blogger should write a post about a new listing. Dustin Luther, one of the most-respected names in the real estate blogging world, has said for some time that real estate agents shouldn’t ... More About: Estate , Real Estate , Phoenix , Blogging , Listings
Phoenix Real Estate Inventory Update: March 18
2008-03-18 17:16:00 Inventory of single-family detached homes in the Phoenix real estate market is beginning to creep closer to the 40,000 mark. As of this morning there are 39,910 such homes for sale in Maricopa County, a net increase of 24o over last week’s update. Sales increased as well - up to 2,865 in the preceding 30 days, ... More About: Estate , Real Estate , Inventory , Update
To The Folks at CityBlogUSA ?
2008-03-18 02:21:00 … yes. I’m blogging. I’m even really, really easy to find. And I have almost a thousand posts at this stage. So no, I don’t need you to make me my city’s “relocation specialist.” I’m doing that well enough on my own, thank you. Appreciate your notes and e-mails. Take care. Technorati Tags: real estate marketing Copyright © 2008 ... More About: Miscellany
Dipping a Toe into Phoenix Short Sales
2008-03-18 01:00:00 We’re surrounded by contradictions every day. Things get challenging when the contradictions strike closer to the home front. It would take me too long to link to all of my past posts about short sales here in the Phoenix real estate market. I’m not a big fan of them, speaking with my buyers’ agent hat firmly ... More About: Sales , Short
The Final Cold Spell of the Season
2008-03-16 18:29:00 As I wrote this post, we’re muddling along at 49 degrees here in the Valley of the Sun. This wouldn’t be newsworthy if not for the fact that four days ago, as I left Glendale Arena after a Phoenix Coyotes game at 10:30 p.m., it was 71. Yes, folks, we are looking at the final cold ... More About: Cold , Season , Final , Spell
Auction Day in Phoenix
2008-03-15 17:09:00 There’s a rather large real estate auction taking place here in Phoenix in just a few minutes, with around 150 foreclosed properties going to the auction block in search of a new owner. I’m sitting this one out as are my clients. There may be some deals to be had today, assuming enough legwork was done a ... More About: Auction
Friday Afternoon Theme Music, March 14
2008-03-14 22:52:00 How is it possible I’ve been doing this for five months and never had Bob Marley music? Listen to enough of the joy coming from your television and it’s easy to get down. This tends to brighten my day. Hopefully it does the same for you. You need to a flashplayer enabled browser to view this YouTube ... More About: Music , Miscellany , Friday , Afternoon , Theme
The Reward for Community Heroes - Lack of Independent Representation
2008-03-14 01:43:00 A couple of weeks ago I chronicled the difference in builders’ attitudes when it comes to specially-designed incentive programs for teachers, police officers, fire fighters and other community heroes or champions. The short version - Pulte gives the above folks an additional $5,000 discount off the price of their homes. Taylor Morrison gives such buyers 3% ... More About: Heroes , Community , Independent , Lack , Reward
Phoenix Short Sale Listings - Unattractive? Maybe. Unethical? Probably not
2008-03-12 20:59:00 If you’ve read this blog for any length of time you know I’m not a fan of short sales for my buyers. The combination of an imaginary list price, fairly minimal motivation on the part of the bank and the extended response periods that can result in unforeseen opportunity costs tend to make a short sale ... More About: Phoenix , Listings , Sale , Unethical , Short
The Games Real Estate Agents Play
2008-03-11 19:57:00 Just for fun … The Virginia Association of REALTORs gets it. It’s one of the few associations around that have adopted blogging as a communication vehicle. And as part of the effort to build traffic, Ben Martin has initiated the first annual Blog Brawl - a contest where you pick your favorite blog in a March ... More About: Games , Estate , Real Estate , Agents , Play
Phoenix Real Estate Inventory Update, March 11
2008-03-11 17:45:00 Inventory has crept up as expected by a net of approximately 200 homes here in the Phoenix real estate market. Sales of single-family detached homes in Maricopa County also improved over last week’s update, up to 2,727 over the past 30 days. The result is an absorption rate of 14.55 months, over a month less ... More About: Estate , Real Estate , Inventory , Update
Bank Owned Homes: Not a Buyers? Market in Phoenix
2008-03-11 17:02:00 If you’ve been following the weekly absorption rate report for the Phoenix real estate market, you know that a 5- to 6-month supply of homes equates to a balanced real estate market where neither sellers nor buyers hold the upper hand. There’s neither an oversupply or excessive demand for homes. Most buyers perceive bank owned homes ... More About: Market , Homes , Owned , Bank
Real Estate Doesn?t Happen in a Vacuum
2008-03-11 08:30:00 Reading the newspapers and listening to the television it may not seem readily apparent that homes are still selling. But they are. It sometimes may seem you are the only party interested in a property. You’re probably not. Another of my buyers had a house bought out from under them; they’re the fourth in the past ... More About: Estate , Real Estate , Vacuum , Real
How Real Estate Agents Get Paid, Part Two
2008-03-11 01:05:00 This afternoon I received a call from John Wake over the Arizona Real Estate Notebook. He had spoken to some folks who wanted to look at homes in Sun City, Del Webb’ original retirement community, this afternoon. Rarely will I make a same day appointment but these folks sounded legit and so I took the chance. ... More About: Real Estate , Agents , Paid
Phoenix Mortgage Rates Report: March 6, 2008
2008-03-10 01:24:00 JD’s NOTE: This came through on Thursday; I just didn’t see it waiting for me. Phoenix mortgage rates skyrocketed this week and are .5% higher than Monday. Two things have driven mortgage rates higher: 1- The threat of inflation is omnipresent in every economic report. 2- Two mortgage companies defaulted on their lines of credit. Remember when I ... More About: Report , Mortgage , March , Rates
Two Housekeeping Items
2008-03-10 01:23:00 Two quick housekeeping items … first, I’ve switched to a different theme so all the fun stuff you’re used to on the left of the blog now is in the first of the two right columns. There was a logical reason for the change - the spacing issues in Internet Explorer were becoming a bear ... More About: Miscellany , Items , Housekeeping
Skipping Daylight Savings
2008-03-09 17:45:00 Since others around the country have taken the time to tell their local readers to change their clocks for daylight savings, I thought I’d take a moment to remind everyone here in Phoenix to leave them be and enjoy the year-round life in Mountain Standard Time (also known as Time Zone 7 on Microsoft products.) Technorati ... More About: Miscellany , Daylight Savings , Daylight , Savings
Guilty Until Proven Innocent
2008-03-09 17:42:00 If it seems like I’m picking on Trulia Voices these days, well, you’re probably right. Yesterday there was a thread asking how to go around a listing agent who “seem to be representing their own iterests vs. the interest of the Bank or the Buyer, on a REO???” More than a half-dozen agents have jumped in ... More About: Innocent , Guilty , Proven
Real Estate Agents Don?t Sell Houses
2008-03-08 20:54:00 … contrary to what this questioner at Trulia Voices seems to believe: “Who sets the standard on how low of a price a realtor can sell a home for that is in foreclosure? In December my neighbor had his home on the market for $304,000. which was average for our area. It went to foreclosure and ... More About: Estate , Real Estate , Agents , Houses , Real
Read the Fine Print About that Phoenix Real Estate Auction
2008-03-08 19:12:00 There’s an auction taking place next week, with 150 foreclosed homes across the Valley up for sale. The initial bid prices are low - in one case, in Wittman, it’s less than 50% of the current list price on the MLS - which means interest is high. But there are some decided differences between purchasing a ... More About: Estate , Real Estate , Phoenix , Auction , Read
Friday Afternoon Theme Music, March 7
2008-03-07 18:17:00 Posts admittedly have been light this week. That will happen with listings come onto the market and buyers coming into town. We’ll be back on the ball by the weekend. In the interim, if you’re near the water enjoy it … I’ll make up for it with a trip over to the Margaritaville Cafe at Glendale’s ... More About: Music , Miscellany , Friday , Afternoon , Theme
FHA Limits Rose ?
2008-03-06 19:36:00 … to $346,250 this morning. Low down payments and loans aren’t fully credit dependent. An option worth considering for move-up buyers as well as the traditional first-time buyers who always have benefited from the FHA program. This news comes on the heels of the extension of the Ameridream program, though which sellers can assist buyers with a ... More About: Rose , Limits
Remembering Bob Moran
2008-03-06 19:29:00 If you grew up reading the sports pages in Mesa or Tucson as either a fan of Arizona State or the University of Arizona, you almost certainly know the name Bob Moran . Coach, as he was known to all, was as intertwined in the rivalry between the two schools as anyone could be without actually taking ... More About: Miscellany , Remembering
Craigslist Can Help Sell Your Phoenix Home, But ?
2008-03-06 17:08:00 One of my sellers and I parted ways yesterday. One of the main reasons was our differing views on how to use craigslist to sell a home here in Phoenix . I enter a listing onto craigslist when the home first goes on the market through the Point-2-Agent portal. He prefers entering daily with different list prices, ... More About: Home , Sell , Craigslist
Anniversary Gifts
2008-03-05 21:19:00 This is what happens when your son is a real estate agent who’s too cheap to spend money on a Hallmark card, much less an actual gift. Then again, what is the gift for a 41st anniversary? I’m guessing tapioca pudding but I really have no idea whatsoever. I originally threatened my mother that I would ... More About: Gifts , Anniversary , Miscellany
Bank Owned Homes - Guarantees Not Included
More articles from this author:2008-03-04 22:11:00 Here’s the gist of a discussion I had with one of buyers this weekend when discussing some bank owned homes that we viewed: A bank owned home has been repossessed. It’s like buying a car that had been repossessed. Except with a home, you have the opportunity to have the house inspected by a professional home ... More About: Homes , Owned , Bank 1, 2, 3, 4, 5, 6, 7 |
